First Horizon Advisors Inc. Boosts Stake in Rolls-Royce Holdings plc (OTCMKTS:RYCEY)

First Horizon Advisors Inc. lifted its holdings in Rolls-Royce Holdings plc (OTCMKTS:RYCEY) by 152.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,471 shares of the aerospace company’s stock after buying an additional 3,904 shares during the period. First Horizon Advisors Inc.’s holdings in Rolls-Royce Holdings plc were worth $46,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Financial Avengers Inc. raised its stake in Rolls-Royce Holdings plc by 13.2% during the third quarter. Financial Avengers Inc. now owns 21,500 shares of the aerospace company’s stock worth $152,000 after purchasing an additional 2,500 shares during the period. Institutional investors own 0.07% of the company’s stock.

Rolls-Royce Holdings plc Stock Up 14.3 %

Shares of RYCEY stock opened at $9.17 on Friday. The firm’s 50-day moving average is $7.44 and its two-hundred day moving average is $7.12. Rolls-Royce Holdings plc has a 12 month low of $4.59 and a 12 month high of $9.47.

Analyst Upgrades and Downgrades

Separately, Citigroup downgraded shares of Rolls-Royce Holdings plc from a “buy” rating to a “neutral” rating in a research note on Monday, January 6th.

About Rolls-Royce Holdings plc

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.